| Revolving Demand Loan |
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Corporate America's Revolving Demand Loan is a variable rate loan available, upon request, to those member credit unions who maintain a current line of credit with Corporate America. Like our settlement loan, our revolving demand loan was created to assist members in managing their short-term liquidity. It is designed as an overnight advance tool indexed to the Federal Funds Rate at the time the advance is requested. This highly efficient advance is executed with only a phone call to Corporate America. The Revolving Demand Loan provides members with an excellent cash management tool to meet both unexpected and anticipated short-term funding needs.
For further information please contact Corporate America at (205) 313-4300 or (800) 292-6242 ext.100. |
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